Summary
AS HALIFAX promises top rates of interest on a current account, we ask whether such offers are as generous as they seem, and give our verdict on the best options for your money.
A LITTLE EXTRA?See the full content of this document
Extract
Tempted to Move for More Interest? ; Moneymail
HALIFAX'S headline-grabbing interest rate of 5pc on its new current account is 50 times more than many traditional accounts pay. So where are the catches?
First, to earn this you must pay in at least Pounds 1,000 a month. Taxpayers will lose 20 pc savings tax, so they will actually earn 4 pc. But this is still much better than the 0.08pc...See the full content of this document
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